💡 Types of Cryptocurrency Explained: Coins, Tokens, and Networks Demystified! 💡

🌐 Navigating the crypto world means understanding its building blocks: coins, tokens, and networks. Each plays a unique role in this digital ecosystem—knowing the difference helps you make smarter investment and trading decisions. Let’s break it down! 🧩

Coins are the native digital currencies of their own blockchain networks. Think Bitcoin (BTC) and Ethereum (ETH). Coins usually serve as digital money, used for transactions, store of value, or mining rewards within their networks.

Tokens are digital assets created on existing blockchains, most commonly Ethereum. Unlike coins, tokens don’t have their own blockchain but operate via smart contracts. They can represent anything—from utility access (like paying for services) to ownership in decentralized finance (DeFi) projects or even digital collectibles (NFTs).

Networks are the underlying blockchains that support coins and tokens. They’re the infrastructure—like Ethereum, Binance Smart Chain, or Solana—that enable transactions, smart contracts, and decentralized applications (dApps). Networks ensure security, speed, and scalability.

Understanding these distinctions empowers you to spot opportunities, manage risks, and deepen your crypto knowledge.

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💬 Which do you prefer: investing in coins, tokens, or exploring blockchain networks? Share your strategy!

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